Franchise Failure Rates

SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026

Budget Blinds Franchise Failure Rate: 6.6% SBA Loan Defaults (2010–2019 Federal Data)

6.6%
charge-off rate on 106 SBA 7(a) loans to Budget Blinds franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Budget Blinds against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Budget Blinds 6.6%; Window Treatment Stores 8.6%; All franchises 10.2%Budget Blinds 6.6%; Window Treatment Stores 8.6%; All franchises 10.2%0%2%4%6%8%10%Budget Blinds6.6%Window Treatment Stores8.6%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Budget Blinds 6.6%; Window Treatment Stores 8.6%; All franchises 10.2%Budget Blinds 6.6%; Window Treatment Stores 8.6%; All franchises 10.2%0%2%4%6%8%10%Budget Blinds6.6%Window Treatment Stores8.6%All franchises10.2%

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.

About 1 in 15 Budget Blinds SBA borrowers failed to repay — below the Window Treatment Stores average of 8.6%.

Between 2010 and 2019, 106 Budget Blinds franchisees financed with SBA 7(a) loans. 7 defaulted — a 6.6% charge-off rate, 0.8x the Window Treatment Stores average of 8.6%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Budget Blinds franchise failure rate on SBA loans?

Budget Blinds is a Window Treatment Stores franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Budget Blinds franchisees: 106 loans approved between fiscal 2010 and 2019, of which 7 were charged off. Loan statuses are as of June 30, 2026, and the cohort has matured, so these are settled outcomes rather than projections.

How does Budget Blinds compare with other Window Treatment Stores franchises?

The table sets Budget Blinds's charge-off rate beside its Window Treatment Stores peers and the two economy-wide benchmarks. All figures use the same cohort — SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026 — and the same denominator of resolved loans, so they are directly comparable.

Budget Blinds versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureBudget BlindsWindow Treatment StoresAll franchisesAll SBA borrowers
Default (charge-off) rate6.6%8.6%10.2%8.0%
Loans in sample106———
Defaults7———
Average loan size$177,207———

What has Budget Blinds SBA lending looked like since 2020?

Since 2020, Budget Blinds franchisees have taken 193 new SBA 7(a) loans. 2 have already charged off. Early defaults on loans under six years old are notable — most SBA failures take longer to develop.

Charge-off rate by approval year — share of each fiscal year's Budget Blinds SBA 7(a) loans that later defaulted (FY2010–FY2019); years with fewer than 10 loans are outlined, not filled
Charge-off rate by approval year: FY2010 0% of 1 loans; FY2011 20% of 5 loans; FY2012 0% of 3 loans; FY2013 0% of 7 loans; FY2014 10% of 10 loans; FY2015 0% of 16 loans; FY2016 0% of 16 loans; FY2017 0% of 13 loans; FY2018 13% of 15 loans; FY2019 15% of 20 loansCharge-off rate by approval year: FY2010 0% of 1 loans; FY2011 20% of 5 loans; FY2012 0% of 3 loans; FY2013 0% of 7 loans; FY2014 10% of 10 loans; FY2015 0% of 16 loans; FY2016 0% of 16 loans; FY2017 0% of 13 loans; FY2018 13% of 15 loans; FY2019 15% of 20 loans0%8%15%0%2010n=120%2011n=50%2012n=30%2013n=710%2014n=100%2015n=160%2016n=160%2017n=1313%2018n=1515%2019n=20
Charge-off rate by approval year: FY2010 0% of 1 loans; FY2011 20% of 5 loans; FY2012 0% of 3 loans; FY2013 0% of 7 loans; FY2014 10% of 10 loans; FY2015 0% of 16 loans; FY2016 0% of 16 loans; FY2017 0% of 13 loans; FY2018 13% of 15 loans; FY2019 15% of 20 loansCharge-off rate by approval year: FY2010 0% of 1 loans; FY2011 20% of 5 loans; FY2012 0% of 3 loans; FY2013 0% of 7 loans; FY2014 10% of 10 loans; FY2015 0% of 16 loans; FY2016 0% of 16 loans; FY2017 0% of 13 loans; FY2018 13% of 15 loans; FY2019 15% of 20 loans0%8%15%0%’10n=120%’11n=50%’12n=30%’13n=710%’14n=100%’15n=160%’16n=160%’17n=1313%’18n=1515%’19n=20

Loans approved since 2020, by fiscal year — counts only: 2 have charged off to date and most are still outstanding, so no rate is drawn.

Loans approved since 2020: FY2020 31; FY2021 35; FY2022 33; FY2023 35; FY2024 25; FY2025 20; FY2026 14Loans approved since 2020: FY2020 31; FY2021 35; FY2022 33; FY2023 35; FY2024 25; FY2025 20; FY2026 14312020352021332022352023252024202025142026
Loans approved since 2020: FY2020 31; FY2021 35; FY2022 33; FY2023 35; FY2024 25; FY2025 20; FY2026 14Loans approved since 2020: FY2020 31; FY2021 35; FY2022 33; FY2023 35; FY2024 25; FY2025 20; FY2026 1431’2035’2133’2235’2325’2420’2514’26

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2010100.0%
FY20115120.0%
FY2012300.0%
FY2013700.0%
FY201410110.0%
FY20151600.0%
FY20161600.0%
FY20171300.0%
FY201815213.3%
FY201920315.0%
FY202031—outstanding
FY202135—outstanding
FY202233—outstanding
FY202335—outstanding
FY202425—outstanding
FY202520—outstanding
FY202614—outstanding

How to read this

A charge-off means a franchisee borrowed, operated, and failed severely enough that the SBA wrote off the government-guaranteed loan. Unlike franchisor marketing or Item 19 disclosures, this is an observed outcome recorded by a federal agency. One caveat cuts the other way: SBA borrowers are typically less capitalized than all-cash buyers, so these rates can overstate risk for well-funded operators.

How reliable is this number?

Budget Blinds's figure rests on 106 resolved SBA 7(a) loans approved between fiscal 2010 and 2019 — a matured cohort, so the rate is a settled outcome, not a projection. With 106 resolved loans, the sample is large enough that a single default barely moves the figure. Loans approved since 2020 are excluded from the rate because most are still outstanding; they appear on this page as counts only. Every Budget Blinds figure is recomputed from the public SBA FOIA file on each rebuild.

Frequently asked

What is Budget Blinds's franchise failure rate on SBA loans?
Between 2010 and 2019, 106 Budget Blinds franchisees financed with SBA 7(a) loans. 7 defaulted — a 6.6% charge-off rate, 0.8x the Window Treatment Stores average of 8.6%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Budget Blinds a safe franchise investment?
Between 2010–2019, Budget Blinds franchisees defaulted on SBA loans at 6.6% versus a 8.6% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Budget Blinds franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 6.6% (7 of 106 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/budget-blinds/ · Data & methodology · Download the dataset (CSV)